Smith & Nephew plc Upgraded to Hold at Investec (SNN)
Smith & Nephew plc (NYSE:SNN) was upgraded by Investec to a “hold” rating in a research note issued on Friday, ARN reports.
Separately, analysts at Citigroup Inc. downgraded shares of Smith & Nephew plc from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, August 13th. Eleven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold”.
Smith & Nephew plc (NYSE:SNN) traded down 0.31% on Friday, hitting $64.01. The stock had a trading volume of 9,357 shares. Smith & Nephew plc has a 52-week low of $50.74 and a 52-week high of $62.06. The stock has a 50-day moving average of $62.83 and a 200-day moving average of $59.90. The company has a market cap of $11.586 billion and a P/E ratio of 21.09.
Smith & Nephew plc is a global medical devices business operating in the orthopedics, endoscopy and advanced wound management markets.
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